Latest business stories from across Kenya.
Kenya could soon have an intellectual property policy in place after two previous attempts to establish the plan failed. This follows the conclusion of public participation on the Draft National Intellectual Property Policy conducted by…
Safaricom PLC has declared its highest-ever dividend payout of Ksh 80.13 billion, after shareholders at the company’s Annual General Meeting today approved a final dividend of Ksh 1.15 per share for the financial year ended 31st March 2026.
Prolonged drought has hard-pressed Flowerland Nursery, a horticultural business in Eldoret that has been operating for over 10 years. The horticulture farm has been forced to spend more on irrigation to keep its flowers, fruit trees and…
CIC Insurance Group (CIC) has launched CIC Impact, a dedicated micro-insurance subsidiary to provide access to affordable insurance products in Kenya.
Kenya earned a total of Ksh 22.3 billion in taxes from licensed gaming firms in the 2023/24 financial year, according to the latest data by the Association of Gaming Operators Kenya (AGOK). The association says gambling-related taxes drawn…
Kenya has a rare problem in the developing world: an embarrassment of energy riches. Sitting astride the Great Rift Valley, the country has access to geothermal resources that scientists estimate could yield up to 10,000 megawatts of…
In an era where customers can compare prices in seconds, and competitors are only a click away, pricing has become one of the most important decisions a company makes. A product that is priced too high risks collecting dust on the shelf,…
Kenya’s inflation climbed to 6.5 percent in July 2026, the highest level recorded in nearly two years, according to the latest Kenya National Bureau of Statistics (KNBS) Consumer Price Index (CPI) and Inflation Report. The report released…
Turkana Deputy Governor Dr. John Erus has called on Micro, Small and Medium Enterprises (MSMEs) in the county to adopt the cooperative model as a way of unlocking capital for new ventures and expanding existing businesses. Dr. Erus made…
The International Monetary Fund (IMF) has backed Kenya’s decision to establish a sovereign wealth fund but cautioned that its success will depend on strong governance, transparency and clear legal safeguards. In its latest report on…
The government has embarked on ambitious plan that will help raise Kenya’s bixa production capacity to at least 3,000 tonnes annually. Agriculture and Livestock Development Cabinet Secretary Mutahi Kagwe who announced the plan in Kwale…
Proliferation of unlicensed pesticides packaged in small quantities still pose a challenge to Kenya’s food safety despite intensified efforts by the government which has raised compliance rate to 90.4%. Coupled with lack limited farmer…
In today’s fast-paced digital economy, offering flexible payment options is a necessity for businesses. However, for many small businesses, startups, and freelancers, acquiring and maintaining traditional Point-of-Sale (POS) machines can…
The government is reviewing its industrialization policy to allow investors to draw cheap, stable power directly from producers, as it moves to curb the exodus of manufacturers to neighboring countries. The Principal Secretary for Industry…
Centum Investment Company Plc has appointed former Equity Group executive Mary Wangari Wamae as an Independent Non-Executive Director. In a notice on July 31, the Nairobi Securities Exchange-listed investment company said Wamae’s…
iHUB, in partnership with the Mastercard Foundation, has selected 12 Kenyan startups for Cohort 4 of the Mastercard Foundation EdTech Fellowship. The selected startups are developing technology solutions in four key areas: learners with…
The government is developing a new digital platform to centralise public debt information as part of efforts to improve transparency, enhance reporting and strengthen the management of Kenya’s growing debt portfolio. The National Treasury…
Umeme Ltd has warned investors that it is likely to record a second consecutive loss for the six months ended 30th June 202.
Kenya’s first USD-denominated Income Real Estate Investment Trust (I-REIT) ALP REIT plans to spend at least $14.74 million to acquire first pipeline asset after reporting its maiden interim results. The REIT which was listed on Nairobi…
Umeme Limited has warned shareholders and investors that it expects to post another financial loss, signaling what would mark the second consecutive loss since the end of its electricity distribution concession in Uganda. In a public…
US technology firm Anthropic says its artificial intelligence (AI) models hacked into the systems of three organisations during a cybersecurity test due to an error that gave them access to the internet. It comes just days after rival…
A horticultural farmers’ cooperative in Murang’a County has become the first farmers’ group in the county to receive an internationally recognised certification license, paving the way for direct access to lucrative European export…
CIC Insurance Group has launched a dedicated microinsurance subsidiary, CIC Impact, as it seeks to expand access to affordable insurance products for low- and middle-income earners, micro, small and medium-sized enterprises (MSMEs),…
Acorn Student Accommodation Income Real Estate Investment Trust (ASA I-REIT) recorded a net profit of Sh285.2 million in the first half of 2026, up from Sh251.6 million during the same period last year, supported by higher rental income,…
